Netherlands | European Debt Crisis Takes Its Toll
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European Debt Crisis Takes Its Toll
Three-party budget talks between the Liberal party (VVD), the Christian Democrats, and the Freedom Party–meant to bring the Netherlands in line with the new economic guidelines of the EU–collapsed in April when Geert Wilders refused to accept the proposed austerity measures. On April 23, 2012, Prime Minister Mark Rutte tendered his resignation to Queen Beatrix. Early parliamentary elections are scheduled for Sept. 12, 2012.
September election results were a surprise victory for centrists. A coalition government of the liberal VVD party and the Labour Party was the outcome of polling that reflected popular opinion firmly seated in the center-right and center-left. Prime Minister Mark Rutte remained in office.